KUALA LUMPUR, Sept 22 — Gamuda Bhd’s shares rose this morning after reporting that its year-to-date net profit increased by 10 per cent to reach the RM1 billion mark for its financial year ended July 1, 2025 (FY2025).
At 10.05 am, the counter added three sen to RM5.55, with 4.76 million shares traded.
In a statement last week, the engineering and property group highlighted that its revenue had also increased by 11 per cent to a record-breaking RM16.4 billion.
Gamuda said the milestone was a result of its strong domestic construction projects, with an all-time-high construction orderbook balance of RM38 billion after recording job wins totalling RM25 billion in FY2025.
Maybank Investment Bank Bhd said Gamuda’s earnings were within expectations as its property earnings contributions surged in the fourth quarter of FY2025.
“We expect margins to continue expanding due to a rising share of domestic construction projects,” it said in a note today, adding that the target price for the shares could go as high as MYR7.02 per unit.
